They discovered one of the largest copper, gold, and silver reserves in the world in Argentina.

The Canadian mining company Lundin Mining reported this Sunday that the initial explorations conducted in the deposits that make up the Vicuña, Josemaría, and Filo del Sol projects, located in the Iglesia department, San Juan province, revealed the discovery of one of the largest gold, silver, and copper reserves globally.

According to the released report, it is the most significant discovery of the last three decades, a historic find for Argentina. Preliminary estimates indicate the possibility of extracting 32 million ounces of gold plus another 49 million inferred; 659 million ounces of silver and 808 million inferred; in addition to 13 million tons of copper, with an additional potential of 25 million inferred tons.

"Filo del Sol has been one of the most significant discoveries of the last 30 years," expressed Jack Lundin, president and CEO of the firm, who also stated that this advancement "marks a turning point in Lundin Mining's projection as a key player in the global production of copper, gold, and silver."

One of the most notable aspects of the discovery, according to specialized media, is the quality and volume of the extracted cores, which position the deposit above similar projects in other parts of the world. Furthermore, the presence of mineral beyond the previously identified limits significantly increases the site's potential.

Jack Lundin, president and CEO of Lundin Mining, expressed: "Filo del Sol has been one of the most significant discoveries of the last 30 years and an unbelievable experience for everyone involved. Congratulations to the Filo team for this remarkable discovery and for having brought the deposit to its current location."

He added: "The initial mineral resource has highlighted the potential of one of the world's highest-grade undeveloped open-pit copper projects and one of the largest gold and silver resources globally. Filo del Sol and the Vicuña district are poised to become a world-class deposit that will support a renowned mining complex."

Vicuña Corp. is a joint venture equally shared (50/50) between Lundin Mining and BHP, and it owns the Filo del Sol and Josemaría projects, which together form the Vicuña district. This long-term strategic alliance between both companies aims to drive the development of an emerging world-class mining district focused on the production of copper, gold, and silver.

The geographical proximity between the Filo del Sol and Josemaría deposits allows for economies of scale, sharing key infrastructure, and facilitating future expansions, thus consolidating a globally significant mining complex, which will mean million-dollar investments for the country.